Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
No Prior NOC from Stock Exchanges Required for Revival Schemes of Companies in Liquidation Under LODR Regulation 37(1)(2): NCLAT [Read Notification]
SEBI & SCRAStock MarketWinding Up & Liquidation
The NCLAT ruled that no prior No Objection Certificate (NOC) from stock exchanges is required for the revival schemes of companies in liquidation under Regulation 37(12) of SEBI’s LODR Regulations. This decision facilitates the easier revival of companies undergoing liquidation.
